IRS 1031 Exchange Deadline Extensions – By Lynne Bagby

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API, as a premier national 1031 Qualified Intermediary has been active in the pursuit of accurate information as it pertains to the IRS extensions to the 1031 exchange guidelines as part of the Federation of Exchange Accommodators (the professional association for the QI industry) which has been meeting with its tax partners & specific government agencies to address & resolve these remaining issue

Attached is a  current article produced just today with the current & timely information regarding the IRS release of Revenue Procedure 2020-23 which provides the extensions; and the article also includes the gray areas where investors, tax professionals and real estate attorneys still have questions.

Article IRS 1031 Exchange Deadline Extensions API-LB

 

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